With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd, has stated that its cement expansion plan and fertilizer investments will open new trade routes for the company and Nigeria under the trade deal.    Already, the cement company, despite an installed capacity of 29.3Mta in ... Read More »

The former FCMB Staff, Moyo Thomas whose alleged infidelity is said to have caused the death of her husband Tunde, has said she never told the deceased that her children belonged to Nuru Adam, the now suspended MD of the bank. NEWSTHUMB gathered that in a statement released on Saturday, Moyo who is believed to have been having an illicit ... Read More »

L-R:  Olusegun Alebiosu, Chief Risk Officer of First Bank of Nigeria Limited and representative of the Bank’s CEO; Gabriel Ejembi, First runner up; Ajayi Tajudeen, Tournament winner, and Tochukwu Emuwa, Second runner up, at the prize presentation ceremony of the 59th edition of the FirstBank sponsored Lagos Open Golf tournament, recently held at the Ikoyi Club, Lagos. Golf Winner Presentation L-R: Mr. ... Read More »

…examines role of youths in nation building The annual public lecture of January 9th Collective (J9C), a socio-cultural group devoted to good governance and development in the society, holds tomorrow, Saturday January 9. However, due to the COVID-19 challenge, this year’s edition with the theme: Evolved Generation,  Fresh Voices and The Pragmatic Next Step will be held as a hybrid ... Read More »

Agege Local Government Alhaji Ganiyu Egunjobi, Executive Chairman, Agege Local Government Area of Lagos State, says the council has started construction of Primary Healthcare Centres in two communities. Egunjobi said in a statement by his Chief Press Secretary, Mr Ismael Garba, on Wednesday in Lagos that this would enable people in the area to have easy access to quality healthcare. ... Read More »

Twitter and Facebook suspended Donald Trump’s accounts for the first time, finally escalating their crackdown on the president’s social media posts after he encouraged and supported rioters at the US Capitol. Twitter required Mr Trump to delete certain posts after “repeated and severe” violations of its rules on election misinformation, including a video sending love to the violent uprising in ... Read More »

Yemisi Edun First City Monument Bank (FCMB) has appointed an acting managing director in the wake of the sex scandal rocking its managing director, Adam Nuru, and his subsequent stepping aside. The new chief executive of the bank is Yemisi Edun. A statement by the bank sent on Wednesday and titled: “YEMISI EDUN TO ACT AS MANAGING DIRECTOR OF FCMB, ... Read More »

The New year started on an amazing note for staff and distrubutors of fledgling bakery,City Tasty Confectioneries, as the management of the company doled many gifts to them,at the end of the year party of the company held days back, at the headquarters on Remi Olagunju drive, Aboru, Iyana Ipaja, on the outskirts of Lagos state. It was a well-attended ... Read More »

Popular prophet and the leader of INRI Evangelical spiritual church, Primate Elijah Ayodele is set to Host the United Nations in Lagos on February 14, 2021. The event tagged ‘Living in  peaceful world’ which will take place at the Lagos church of the man of God will be graced by the Country director of Denmark, Amb Mrs Blessing Palmberg, Country ... Read More »

I am a former Employee of FCMB. I worked there for a bit in the securities trading arm, CSL. CSL is a legendary institution that continues to be the corner piece of the Nigerian Capital Market. I was the Head of Local Business.One thing that attracted me to the firm was its legacy. Its founder, Chief Subomi Balogun, was a ... Read More »